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Condensed Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Aug. 24, 2014
Aug. 25, 2013
Cash flows from operating activities:    
Net income $ 484.5 $ 147.2
Income from discontinued operations 373.3 13.8
Income from continuing operations 111.2 133.4
Adjustments to reconcile income from continuing operations to net cash flows from operating activities:    
Depreciation and amortization 148.1 139.8
Asset impairment charges 2.8 2.1
Loss on sale of fixed assets (2.6) (1.0)
Earnings of affiliates less than (in excess of) distributions (24.4) 1.8
Share-based payments expense 15.5 17.0
Contributions to pension plans (3.0) (4.5)
Pension expense (3.6) (2.2)
Other items 22.0 (8.2)
Change in operating assets and liabilities excluding effects of business acquisitions and dispositions:    
Accounts receivable (12.9) 30.4
Inventory (128.6) (172.6)
Deferred income taxes and income taxes payable, net (23.3) 14.2
Prepaid expenses and other current assets 23.3 (0.6)
Accounts payable 105.3 63.9
Accrued payroll 26.3 (117.2)
Other accrued liabilities (35.1) 47.5
Net cash flows from operating activities — continuing operations 226.2 145.8
Net cash flows from operating activities — discontinued operations 7.4 20.3
Net cash flows from operating activities 233.6 166.1
Cash flows from investing activities:    
Additions to property, plant and equipment (111.7) (174.0)
Sale of property, plant and equipment 1.8 3.7
Purchase of business, net of cash acquired (75.4) 0
Return of investment in equity method investee 402.9 0
Net cash flows from investing activities — continuing operations 217.6 (170.3)
Net cash flows from investing activities — discontinued operations 114.0 (7.3)
Net cash flows from investing activities 331.6 (177.6)
Cash flows from financing activities:    
Net short-term borrowings 407.3 97.2
Issuance of long-term debt 550.0 0
Repayment of long-term debt (1,486.7) (2.3)
Repurchase of ConAgra Foods, Inc. common shares 0 (30.9)
Cash dividends paid (105.5) (104.8)
Exercise of stock options and issuance of other stock awards 27.1 62.9
Other items (5.9) 0.5
Net cash flows from financing activities: (613.7) 22.6
Effect of exchange rate changes on cash and cash equivalents (0.9) (0.8)
Net change in cash and cash equivalents (49.4) 10.3
Discontinued operations cash activity included above:    
Add: Cash balance included in assets held for sale at beginning of period 41.8 33.0
Less: Cash balance included in assets held for sale at end of period 0 12.8
Cash and cash equivalents at beginning of period 141.3 150.9
Cash and cash equivalents at end of period $ 133.7 $ 181.4